is newsmax on siriusxm satellite radio

Sirius XM isn't trading at its lowest levels since early 2016 -- despite kicking off the year with a record 32.4 million self-pay subscribers and churn near its historical lows -- by accident. And likewise, for XM radio, only XM packages can be activated. I was just wondering if you could give us an update on that subscriber kind of loose commentary. Great. With strong similarities between talk radio and podcasts, we can do more to seamlessly integrate them across our service and provide more control and discoverability for our subscribers. But we are well positioned to make sure that our incorporation sustains through whatever model the OEMs choose to pursue. It had 34 million subscribers as of March 31. Sirius XM (SIRI) Q4 2022 Earnings Call Transcript, U.S. Money Supply Is Doing Something It Hasn't Done in 90 Years, and It May Signal a Big Move for Stocks, Why I Refuse to Chase the Maximum Social Security Benefit, A Bull Market Is Coming: 3 Stocks to Buy Without Hesitation, 1 Trillion-Dollar Growth Stock Down 28% You'll Regret Not Buying on the Dip, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. I'm glad you extended your tenure in the media industry here. The other two components of Sirius XM's full-year outlook -- adjusted Great. We plan to tackle these issues with a new data-driven platform launching later this year that allows for more control of the listener experience and improve discovery, fully utilizing our unmatched content lineup. https://buff.ly/41pw0RC . And Sean, best of luck in your new opportunity. You will need to use your smartphone to get the app and connect it to the internet. Oh, thank you. $13.95 shipping. SiriusXM Player: Online Radio, Music, Sports, News, Podcasts & Talk Bring music & Jennifer, could you talk a little bit about the subscriber outlook for the rest of the year in particular, what are the things that are going to allow for the streaming only subscriber losses to sort of moderate? And then over time, in the years to come, it will get to 80% of our trial starts. It's traditionally been much more D2C and D2C has been soft in the first quarter. Some of that's market conditions and some of that is more efficiently buying and specific channels. And then on to your question on streaming net adds, we did to some extent, weve gone through this hurdle of the reduced marketing spend we had in the fourth quarter, and now were operating at a much more efficient level and the cost to acquire trials has gone down, some of thats market conditions and some of that is more efficiently buying in specific channels. Our team is working diligently to position us for success in the second half of 2023 and beyond, and I'm excited to see how this year shapes up. And in March, we started to see that tail off a little bit. It'd be great to maybe hear how you're thinking more broadly about leveraging capital allocation. Let's get into the best options for everyone. And then we just have these solutions in market for advertisers to come in and either buy across our network on an audience basis or buy show level and even custom integrations. One of the things we're most proud of, is the true diversity of voices we have on the platform, and basically letting our subscribers and listeners and trialers decide what they want to listen to at any given moment. But he said while SiriusXM may be a potential or logical home for Carlson or Lemon, Greenstein said they consider the totality of the package which would likely include whether advertisers would support their shows and whether there would be a backlash from subscribers or employees. I will now turn the call over to Sean for some brief remarks, and then Tom will go through the financials in more detail. WebComplete replay of the nationally syndicated talk radio show "The Rob Carson Show" by Newsmax Radio. With these trends and more targeted cost control initiatives, we're now able to increase our full-year guidance for adjusted EBITDA from $2.7 billion to approximately $2.75 billion, and our free cash flow expectations from $1.05 billion to approximately $1.1 billion. The majority of our trial funnel as you would expect, is represented by the millions of trial starts that we do every year through our automotive partners. Read our full review of DirecTV Stream and visit our TV guide to DirecTV Stream to find out what you can watch right now. I would expect the second half to be positive and that sort of nets us out to the modestly negative. However, to meet evolving consumer expectations, particularly with younger audience segments, we must address barriers, such as pricing, control, and content discovery. Well share progress on future quarterly calls, but the first months of 2023 have already brought several exciting product iterations and consumer offers providing valuable insights for the full platform re-launch later this year. Thanks, Stephen. We're investing in the new platforms. Were investing in satellites. Please proceed with your question. Sirius XM ( SIRI 1.35%) Q1 2023 Earnings Call. What do you see as the right leverage profile, the right mix of capital returns, anything different here going forward that we should be mindful of relative that we thought about it in the past? Have a Samsung smart TV or another type of Android TV? In the first quarter, we outperformed our initial financial expectations, putting us in a strong position to increase our full year guidance for adjusted EBITDA and free cash flow. SEE INFOTAINMENT DETAILS SIRIUSXM TRAVEL LINK Well target leverage in the low to mid-3s in light of the macroeconomic factors. Putting all this together, adjusted EBITDA 625 million, was down 9% over the prior year. WebThere are many ways to watch Newsmax TV without cable, including Sling, Fubo TV, or DirecTV Stream.. Hooper Stevens. Seasonality in advertising revenue and the strategic cost-saving measures should deliver ramping EBITDA in the second, third, and fourth quarter. It's definitely possible to watch Newsmax TV on your Roku device, be it a streaming stick or actual Roku TV. And James, to your second question, so we'll see how this -- how the OEMs navigate kind of the integration of CarPlay and Android Auto, I think GM seems to be somewhat unique in that path. The company ended March with just over 34 million subscribers for its radio service: a rise of just 0.2%. I will now turn the call over to Sean for some brief remarks, and then Tom will go through the financials in more detail. And while that growth will continue, it's actually come down to more normalized level at this point. News fans often use antennas for streaming live TV like news shows for free, without cable. Any commentary on how those are contributing to either the modest decline or the growing funnel and what we should expect for used car activity this year? Sure. Podcasting ad revenue was up 34% year over year in the quarter, and that's due to the great content relationships we have on the representation side, our ability to bring brands into podcasting. With that, I'll turn it over to the operator for Q&A. The Favorites area will appear; click on it, and the web will show all of your presets. We advise listeners to not rely unduly on forward-looking statements and disclaim any intent or obligation to update them. Please proceed with your questions. The stock has fallen to the point where its once puny dividend now amounts to a respectable 2.6% yield. Thank you, Jennifer. And we're up about 9 points from 2019 to 2022. Maxar is currently building another SiriusXM satellite, SXM-8, which is scheduled for launch in 2021. Well start seeing it actually come through used car trial starts as well as some of those early cars turn over. Pandora was supposed to be a catalyst for growth, a digital escape hatch the moment that satellite radio would prove transitory and eventually obsolete. WebSiriusXM Satellite Radio is a broadcasting company that offers subscription services that allow you to listen to various channels of music, news, sports, and entertainment. If you just drove off the lot in a shiny new vehicle, chances are pretty high that SiriusXM Satellite Radio is (A) a standard feature on your radio and (B) free of charge for a certain period of time. We advise listeners to not rely unduly on forward-looking statements and disclaim any intent or obligation to update them. Read on to learn which streamers support both your device and Newsmax TV live streams. Using our streaming recommendation system, the Flixed team has determined that Sling is the best way for most people to watch what's live on Newsmax TV because it offers the ideal combination of price, channels, and features. And then we just have these solutions in market for advertisers to come in and either buy across our network on an audience basis or by show level and even custom integrations. Sirius XM's guidance implies that its self-pay subscriber count will decline this year. SiriusXM-owned Pandora continues to see its reach shrink, however. Tom, take it away. This past quarter, we introduced a first-of-its-kind six-month trial offer for Walmart Plus members, giving them the choice of in-car or streaming-only packages. And CSAT is at an all time -- our satisfaction is at an all-time high since 2009. Listen to Live callers vent their frustrations with the corrupt career politicians on Capitol Hill, hilarious music political parodies from Jim Gossett, and above all, DON'T CATCH THE STUPID!!! And we will continue to be active in generating trials. Sure. Apr 27, 2023, 8:00 a.m. Our next question is from the line of David Joyce with Seaport. Today, well have prepared remarks from Jennifer Witz, our Chief Executive Officer; Sean Sullivan, our Chief Financial Officer; and Tom Berry, who will assume the position of CFO tomorrow. Please proceed with your question. Yes, Newsmax TV is included in your Sling subscription. WebIndeed, there is no Newsmax on Sirius XM since the corporation strives to keep its networks fair and independent. WebYou can stream NewsmaxTV with a live TV streaming service.No cable or satellite subscription needed. Like how should we think about the cadence of ARPU from here this year? And the great thing about our guidance is that if in the cost reductions weve put in place, were really well positioned, even if the market trends a little softer going forward. In this past month, we have all worked together to ensure a smooth transition. And just on the categories, its been continued improvement in travel, restaurants, casino, even automotive is coming back more, which makes sense and then softness in telecom and some financial services. So I think the impact of OEM prepaid revenue should slowdown in terms of how its flowing through ARPU over time. 13. SiriusXM cut its sales and marketing costs by 17% during the first three months of the year, as Witz said they have decided to delay advertising efforts in anticipation of product improvements they are launching later this year. The good news is that Sirius XM is trading for less than 12 times earnings with a reasonable 2.6% yield. And then relatedly, I was just wondering if you could speak to what's going on in the used car market? Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Is It Time to Buy This Year's Worst-Performing Growth Stocks? Newsmax TV, is Although we continue to be cautious about the overall ad sales market, we still see tailwinds in podcasting. You may disconnect your lines at this time. And it's really just one piece of the puzzle as we look at our economics with our OEM partners. With these trends and more targeted cost control initiatives, were now able to increase our full year guidance for adjusted EBITDA from $2.7 billion to approximately $2.75 billion and our free cash flow expectations from $1.05 billion to approximately $1.1 billion. But our team's pick for most people to watch . Our advertising business operated under the unified SXM Media banner delivered solid first quarter results bolstered by growth in podcasts and programmatic sales. Hi. We do expect to see future quarter-over-quarter progress in self-pay net adds, but we still anticipate being modestly negative for the full year in aggregate. They showed a slight decline in its revenues: down 1.9% year-on-year to $2.14bn. Gross profit in the SiriusXM segment declined 5% to $1.02 billion, representing a margin of 61%, down slightly from 2022 due to higher royalties. But my overall view is to work on obviously optimizing the business, support the growth of the business and position us for the year ahead. AAOS will roll out in small volumes initially but should grow materially to become the dominant OEM operating system, improving 360L adoption and feature parity along the way. So what's key is the rollout, and this has been a long time coming, and the promise of 360L is now delivering. Our next question is from the line of Steven Cahall with Wells Fargo. So that sets us up well for the in-car funnel. Password. And I guess what I wanted to ask about is just a follow-up on the subscriber progression here. Despite its lack of ESPN, the service offers almost every league, including NFL, NBA, MLB, NHL, and more. And again, I kind of apologize for the question, but Id love I cant resist. At its cheapest plan, fuboTV offers 140+ channels to choose from, so youll have access to more than just sports as well. I would like to remind everyone that certain statements made during the call might be forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995. Turning to our content, given the strong engagement we continue to see with our extra channels in and out of the car, in the first quarter, we expanded our focus here and launched several new hip-hop and R&B channels, we have seen the percentage of listeners consuming these genres more than double versus a year ago, driven by younger audiences who value the more controlled listening experience. *Stock Advisor returns as of April 24, 2023. So I wouldnt expect to see major changes in our streaming net adds until after that. I am confident that Tom's perspective, diligence, financial expertise, and history with SiriusXM will serve him well as he steps into the CFO role. Our strong distribution, investment in new product offerings, and our unmatched content offering that provided a foundation for future growth. WebListen to music, live sports play-by-play, talk & entertainment radio and & favorite podcasts. But we are continuing to see progress in advance of that on 360L. On conversion rates, so I talked a bit about this on the last call, but just to add some more color conversion rates are continuing to trend in the low-30s and the for new car in the low-20s for used. And podcasting continues to be a bright spot. SiriusXM has announced that Howard Stern will bring his show to Miami to officially open its newest broadcast complex. https://buff.ly/41pw0RC . And that is because we're addressing these pain points. Image source: The Motley Fool. Jennifer, could you talk a little bit about the subscriber outlook for the rest of the year? These collaborations demonstrate our strategy of inviting people to experience Sirius XM in the way that suits them best. ET. You have permission to edit this article. Fubo TV plans start at $69.99. Although we continue to be cautious about the overall ad sales market, we still see tailwinds in podcasting. I just saw a stat the other day that we watch quite frequently about intent to buy and its at one of the highest levels weve seen over the last couple of years. Good morning, everyone. Our DirecTV Stream plans and pricing article breaks down all of the DirecTV Stream plans. Could you give us a little bit of color on sort of the puts and takes there? WebFind Rob Carsons radio show LIVE near you More Info. But we're not seeing any major changes in the market that I would highlight. Kelly's new hit, Let's Talk Off Camera, is first released widely as a podcast but also airs on Radio Andy. With upwards of a thousand hours of DVR space and multiple simultaneous streams available, youll never miss a game. We also delivered better-than-expected ad revenue, partly due to our leading self-service and programmatic solutions that are allowing us to capture closed-end bookings, and I will address this more in a few minutes. Do not get confused with these three mediums. So I think there is a case to be made for demand to start coming back, maybe some of the pent-up demand to be released, and auto sales to slowly but incrementally improve over the course of the year. Tuesday, 06 October 2020 07:21 PM EDT Howard Stern, the radio shock jock whos maintained his star power in the podcasting era, is nearing a contract renewal with Our ad-supported portfolio from Pandora to the SiriusXM Podcast Network, which also includes two of the largest Hispanic podcast networks with Pitaya and reVolver offers opportunities for advertisers to reach large and diverse audiences in audio. We intend to make prudent decisions to remain a very profitable business that continues to serve as a primary audio subscription service for certain audience segments while being complementary to interactive services for others. And it's key to not only lift and conversion but also improved retention. And I believe as we launch this platform, we will have more and more opportunities to better execute on that. Firstly, could you talk a little bit more about what was maybe a little bit better than expected audio number? A longtime Newsmax contributor, #1 rated radio host and successful columnist, Gerry Callahan calls it like he sees it and offers sharp commentary on the news of the day. But were going to continue with our disciplined approach as weve used over the last couple years. Hooper Stevens. Step 2: From the list, select the preset you wish to delete. One, we dont comment on anything were looking at directly. It also features popular syndicated programs including Sean Hannity and Mark Levin. Most sports fans already know and love Fubo TV. But our team's pick for most people to watch Newsmax TV, is Sling. Yes, Barton. Welcome to SiriusXM's First Quarter 2023 Earnings Conference Call. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Newsmax's Steve Malzberg Show To Air On SiriusXM NEWSMAX's new syndicated and online STEVE MALZBERG SHOW will air on SIRIUSXM RADIO's AMERICA'S It has been a real pleasure to serve this company, its talented employees, and our shareholders as CFO these past two-and-a-half years. All of this is a testament to our leading position in talk audio and we will continue to leverage our world class content to draw in new Sirius XM subscribers, while also giving ad supported listeners access to our high quality programming. But were still waiting to launch a lot of these underlying capabilities and functionality to be able to support the streaming business, not only for streaming-only subscribers, but also as it continues to support our in-car business through customers listening outside of the car and 360L in the car. On conversion rate, so I talked a bit about this on the last call, but just to add some more color, Conversion rates are continuing to trend in the low 30s for new car in the low 20s for used. have, you can watch Newsmax TV on an iOS device with ease. Barton Crockett -- Rosenblatt Securities -- Analyst. Self-Pay net adds declined by 347,000 in the quarter consistent with our expectations given lower fourth-quarter vehicle and streaming trial starts, combined with seasonally higher churn in the first quarter. Listen to music, live sports radio, the best talk and entertainment radio. And maybe how you see that fitting into the broader digital strategy later this year. 360L mix is also sounds like tracking up nicely. Sales and marketing expenses are lower by 17% as discussed, while engineering, design, and development expenses were up 15% on the back of new product investments. Scott Greenstein, our President and Chief Content Officer, will join Jennifer, Sean and Tom to take your questions during the Q&A portion of the call. Learn more about Sling plans and pricing. Against the splintering of sports rights in the video space, we offer incredible value as the one-stop audio home for all major sports, and it's powering record engagement of this content. Subscribe for FREE! You called out the partnership with Walmart Plus announced in the quarter. Get your subscription for $40 per month and get access to Newsmax TV and others, like Bloomberg, BBC America, and Cheddar Business. This contributed to the expected negative subscriber growth in the quarter. We expected Q1 to be a low point in terms of net ads. Self-pay subscribers decreased by 347,000 during Q1 as a result of fourth quarter declines in trial starts for new and used vehicles, reduced marketing spend, and seasonally higher churn typically seen in the first quarter. Devices supported by DirecTV Stream include: web browsers, Android, iOS, Amazon Fire, Roku, Chromecast, Apple TV, LG/Samsung Smart TVs, and Xbox One. So Q1 was impacted, as we said, by lower fourth-quarter trials and then third quarter, but Q1 trials have been stronger -- were stronger than Q4. Before jumping into the quarter's results, I'd like to welcome Tom Barry as our incoming chief financial officer. Jennifer, maybe just a follow-up on that line of discussion. While we continue to see opportunities for a bigger streaming-only business, car sales will remain the dominant driver of our subscriber funnel. We also launched fluency, a cultural practice helping brands connect with young diverse audiences in audio by providing insights to support campaigns and creative strategy. David Joyce -- Seaport Research Partners -- Analyst. I will start on advertising and hand it over to Scott on your second question. SIRI earnings call for the period ending March 31, 2023. And I think ultimately, ARPU as well because we can deliver even more content and features to our subscribers. Read our full review of Fubo TV and visit our TV guide to Fubo TV to find out what you can watch right now. Thanks Matt. In this past month, we have all worked together to ensure a smooth transition. So younger generations in particular are looking for more opportunities to control the listening experience. Entertainment Television, ESPNU, INSP, Science, FYI, MTV2: Music Television, BBC America, beIN Sports, CMT, and more. US satellite radio firm SiriusXM has published its financial results for the first quarter of 2023. We are making significant progress in rolling out our 360L platform and expect to exit 2023 with nearly 40% of new car trials including 360L. And then secondly, its a bit of a more of a press question than an analyst question, its probably definitely falls into the diverse preferences of listeners buckets. Sirius is getting a cut of the $ from those ads on the radio. Yes, Barton. We are already beginning to see benefits from cost reductions implemented in Q1 across every element of our business. Our next question is coming from the line of Ben Swinburne with Morgan Stanley. And programming and content expenses climbed 6% due to increased licensing fee and production costs. No reason to subscribe to a different streaming service just to get access to Newsmax TV. Tags: Financials Pandora Radio SiriusXM. Ben Swinburne -- Morgan Stanley -- Analyst. Thank you. But we also have a unique setup because we will continue to maintain preferential treatment in terms of display. There has been media speculation that Tucker Carlson and Don Lemon, two cable talk hosts that lost their jobs this week, could turn to podcasting or satellite radio as their next moves. While this is a great indicator of whats to come, these features are currently only available in a limited number of 360L enabled vehicles, and awareness of these features is still low. If youre coming to the end of that trial, youre making decisions on whether to keep the service. So I think you were saying on the last quarter call that, well, you werent formally guiding for a number for subs for this year. And returning this fall, Let's Go, hosted by Tom Brady, Larry Fitzgerald, and Jim Gray, will be available first to our subscribers, then on-demand exclusively in our app. [Operator instructions] Please note, this conference is being recorded. This past quarter, we combined Sirius XMs podcast group and comedy and entertainment group into one unit. If you have an ad-blocker enabled you may be blocked from proceeding. And returning this fall, Lets Go!, hosted by Tom Brady, Larry Fitzgerald and Jim Gray will be available first to our subscribers, then on demand exclusively in our app. Transitioning from a one-size-fits-all approach to a dynamic multichannel individualized approach, we'll promote only heard-here moments and exclusive talent to drive subscriber conversions among their fans, no matter how or where they want to listen. Sirius XMs Q1 2023 earnings per share is expected to be 8 cents as per Trefis analysis, higher than the consensus estimate of 7 cents. Sirius xm Orbiter SB4000/SR4000/SM4000 Receiver * LIFETIME ACTIVE SUBSCRIPTION * Complete replay of the nationally syndicated talk radio show "The Rob Carson Show" by Newsmax Radio. Fubo TV isn't only great for sports fans, though. If you're trying to watch Newsmax TV without cable and you also watch a lot of sports, Fubo TV is probably the best pick for you.

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